FormlessOne:FTA: U.S. stocks fell on Monday, with the S&P 500 pulling back from its record closing high last week, as weaker-than-expected U.S. manufacturing data gave investors reason to book profits.

Clearly Obama's fault - but only on the failure. Can't give him credit for the record high - that wouldn't be 'Murican.

Where are these jackholes that are really blaming Obama for the outcome of the stock market, gas, etc? So far I've heard the whole "Thanks Obama" thing from people using it sarcastically...

relaxitsjustme:Investors had the 3 day Easter weekend to think about it and decided to book some profits. This bull is starting to get a little long in the tooth but I think there's still some life left.

/I hope

The market was overvalued before the bull market started. I wouldn't really be surprised if it dove below 10,000.

FormlessOne:FTA: U.S. stocks fell on Monday, with the S&P 500 pulling back from its record closing high last week, as weaker-than-expected U.S. manufacturing data gave investors reason to book profits.

Clearly Obama's fault - but only on the failure. Can't give him credit for the record high - that wouldn't be 'Murican.

GAT_00:relaxitsjustme: Investors had the 3 day Easter weekend to think about it and decided to book some profits. This bull is starting to get a little long in the tooth but I think there's still some life left.

/I hope

The market was overvalued before the bull market started. I wouldn't really be surprised if it dove below 10,000.

Moopy Mac:GAT_00: relaxitsjustme: Investors had the 3 day Easter weekend to think about it and decided to book some profits. This bull is starting to get a little long in the tooth but I think there's still some life left.

/I hope

The market was overvalued before the bull market started. I wouldn't really be surprised if it dove below 10,000.

GAT_00:Moopy Mac: GAT_00: relaxitsjustme: Investors had the 3 day Easter weekend to think about it and decided to book some profits. This bull is starting to get a little long in the tooth but I think there's still some life left.

/I hope

The market was overvalued before the bull market started. I wouldn't really be surprised if it dove below 10,000.

max_pooper:GAT_00: Moopy Mac: GAT_00: relaxitsjustme: Investors had the 3 day Easter weekend to think about it and decided to book some profits. This bull is starting to get a little long in the tooth but I think there's still some life left.

/I hope

The market was overvalued before the bull market started. I wouldn't really be surprised if it dove below 10,000.

How was it overvalued?

Compare stock market value to long term inflation.

And tells you what exactly?

The stock market doesn't actually measure any real value. So it's value is ultimately tied to inflation and it suffers from bubbles that are called bull markets. It gets lots of bubbles because it's all speculation.

GAT_00:max_pooper: GAT_00: Moopy Mac: GAT_00: relaxitsjustme: Investors had the 3 day Easter weekend to think about it and decided to book some profits. This bull is starting to get a little long in the tooth but I think there's still some life left.

/I hope

The market was overvalued before the bull market started. I wouldn't really be surprised if it dove below 10,000.

How was it overvalued?

Compare stock market value to long term inflation.

And tells you what exactly?

The stock market doesn't actually measure any real value. So it's value is ultimately tied to inflation and it suffers from bubbles that are called bull markets. It gets lots of bubbles because it's all speculation.

Really? I'm pretty sure the "stock market" is the aggregate value of the public companies traded on a stock exchange. The value of the individual companies is determined by a wide range of factors such as tangible assets of land, buildings, equipment, patents, copy writes, and trade secrets as well as non-tangible assets such as branding, market share, customer base, and earning potential. While the value of the currency used in both the business transaction of the company and the trading of its stock, its share value is determined more so by other factors.

GAT_00:Moopy Mac: GAT_00: relaxitsjustme: Investors had the 3 day Easter weekend to think about it and decided to book some profits. This bull is starting to get a little long in the tooth but I think there's still some life left.

/I hope

The market was overvalued before the bull market started. I wouldn't really be surprised if it dove below 10,000.

How was it overvalued?

Compare stock market value to long term inflation.

I'm not quite sure I follow. Because inflation is extremely low, the market is growing in real terms, so that means it is overvalued?

max_pooper:Really? I'm pretty sure the "stock market" is the aggregate value of the public companies traded on a stock exchange. The value of the individual companies is determined by a wide range of factors such as tangible assets of land, buildings, equipment, patents, copy writes, and trade secrets as well as non-tangible assets such as branding, market share, customer base, and earning potential. While the value of the currency used in both the business transaction of the company and the trading of its stock, its share value is determined more so by other factors.

And if any of that were true, the value of a company wouldn't change from second to second.

GAT_00:max_pooper: Really? I'm pretty sure the "stock market" is the aggregate value of the public companies traded on a stock exchange. The value of the individual companies is determined by a wide range of factors such as tangible assets of land, buildings, equipment, patents, copy writes, and trade secrets as well as non-tangible assets such as branding, market share, customer base, and earning potential. While the value of the currency used in both the business transaction of the company and the trading of its stock, its share value is determined more so by other factors.

And if any of that were true, the value of a company wouldn't change from second to second.

Wrong. The value of all the things listed above are set by those willing to purchase or sell shares of the company. With hundreds of thousands of shares traded per day, there are many trades per second. The share price has potential to change with every transaction, so they can and do change second by second.